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News Insight & Analysis

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Local PVC market firms up in China as demand improved
12 May 2021 In the meantime, buyers are purchasing cautiously, hoping for some price reductions ahead, especially with the absence of Indian customers due to the COVID-19 outbreak.
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12 May 2021 PPH Inj PPH Raf

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Import homo-PP inched higher in China on the support of rebounding local ground

The rebounded local market has somewhat stimulated demand for import materials, encouraging international suppliers to hold a firmer stance on the prices to reflect the positive development.
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12 May 2021

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China Morning Snapshot – 12 May 2021

PP and LLDPE contracts for September delivery on Dalian Commodity Exchange registered significant rebound throughout the morning session, boosting sentiment in the local ground.
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12 May 2021

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12 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Sentiment picks up by mid of the week, reflected in the strong number of transactions observed on Shenhua’s auction platform.
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11 May 2021

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Singaporean producer slashes PE offers to China

In the meantime, the supplier has also reduced offers for cargoes from the Saudi Arabia plant, though the extent of reduction is much smaller than cargoes from the Singapore plant.
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11 May 2021

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China Morning Snapshot – 11 May 2021

It becomes evident that Chinese buyers could not accept more than three consecutive days of price hike.
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11 May 2021

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Asian ethylene market surges on tighter supply, better demand

From the supply side, several major steam cracker operators in Fareast and Southeast Asia region would enter maintenance season between May to July, curtailing the spot availability.
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11 May 2021

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11 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions fell sharply on the second trading day of the week, signaling that Chinese buyers are withdrawing to the sideline after a brief panic buying.
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